Home Flipping in U.S. Drops to 8-Year Low in Mid 2019

ATTOM Data Solutions | September 19, 2019

According to ATTOM Data Solutions newly released Q2 2019 U.S. Home Flipping Report, 59,876 U.S. single family homes and condos were flipped in the second quarter of 2019, up 12.4 percent from the previous quarter, but down 5.2 percent from a year ago. The homes flipped in the second quarter represented 5.9 percent of all home sales during the quarter, down from a post-recession high of 7.2 percent in the previous quarter, but up from 5.4 percent a year ago. Homes flipped in Q2 2019 typically generated a gross profit of $62,700 (the difference between the median sale price and median paid by investors), up 2 percent from the previous quarter, but down 2 percent from a year ago.

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Manage infrastructure operations by enhancing their data.

Beyond Asset is the asset management solution that allows you to know and monitor your infrastructure over time in order to optimise their operations. From inventory to maintenance, via diagnosis, Beyond Asset helps you to manage your infrastructures by enhancing their data.

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